Golden Cross Resources (FRA:ZML0) Cyclically Adjusted PB Ratio: (As of Jul. 27, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:ZML0 Golden Cross Resources Inc FRA:ZML0
29 GF Score
Price €0.08
View Full Analysis

What is Golden Cross Resources Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Golden Cross Resources  (FRA:ZML0) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Golden Cross Resources Cyclically Adjusted PB Ratio Related Terms


Golden Cross Resources Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Golden Cross Resources's Cyclically Adjusted PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Golden Cross Resources Cyclically Adjusted PB Ratio Chart

Golden Cross Resources Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 0.01 0.43 0.00 0.00

Golden Cross Resources Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

FRA:ZML0 vs NEM, AU: Cyclically Adjusted PB Ratio Comparison

For the Gold subindustry, Golden Cross Resources's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Golden Cross Resources Cyclically Adjusted PB Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Golden Cross Resources's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Golden Cross Resources's Cyclically Adjusted PB Ratio falls into.


FRA:ZML0
29GF Score
Golden Cross Resources Inc FRA:ZML0
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Golden Cross Resources Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Golden Cross Resources's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Golden Cross Resources's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.034/132.2623*132.2623
=0.034

Current CPI (Mar. 2026) = 132.2623.

Golden Cross Resources Quarterly Data

Book Value per Share CPI Adj_Book
201606 -0.713 102.002 -0.925
201609 -0.552 101.765 -0.717
201612 -0.505 101.449 -0.658
201703 -0.452 102.634 -0.582
201706 -0.124 103.029 -0.159
201709 -0.134 103.345 -0.171
201712 -0.136 103.345 -0.174
201803 -0.140 105.004 -0.176
201806 -0.182 105.557 -0.228
201809 -0.197 105.636 -0.247
201812 -0.207 105.399 -0.260
201903 -0.224 106.979 -0.277
201906 -0.259 107.690 -0.318
201909 -0.288 107.611 -0.354
201912 -0.246 107.769 -0.302
202003 -0.268 107.927 -0.328
202006 -0.273 108.401 -0.333
202009 -0.230 108.164 -0.281
202012 -0.276 108.559 -0.336
202103 -0.284 110.298 -0.341
202106 -0.293 111.720 -0.347
202109 -0.301 112.905 -0.353
202112 -0.313 113.774 -0.364
202203 -0.328 117.646 -0.369
202206 -0.354 120.806 -0.388
202209 -0.370 120.648 -0.406
202212 -0.332 120.964 -0.363
202303 -0.155 122.702 -0.167
202306 -0.053 124.203 -0.056
202309 -0.053 125.230 -0.056
202312 -0.049 125.072 -0.052
202403 -0.020 126.258 -0.021
202406 -0.021 127.522 -0.022
202409 -0.021 127.285 -0.022
202412 -0.035 127.364 -0.036
202503 0.131 129.181 0.134
202506 0.037 129.892 0.038
202509 0.056 130.287 0.057
202512 0.041 130.366 0.042
202603 0.034 132.262 0.034

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Golden Cross Resources Business Description

Other Exchanges ZCRMF:USAAUX:Canada
Address 1030 West Georgia, Suite 1012, Vancouver, BC, CAN, V6E 2Y3
Golden Cross Resources Inc is a Canadian mineral exploration company focused on advancing the Reedy Creek gold project in Victoria, Australia. Located just 10 km from Southern Cross Gold's Sunday Creek discovery, the project covers two contiguous tenements in Australia's active epizonal gold corridors. Its other project includes the Providence gold projects in Victoria, Australia.
29GF Score

Get the complete analysis for FRA:ZML0

Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€0.08
Price